[DB]

Yes, but Boot Hill is saying that the plant cost is only 10% of the fuel cost. That brings it up to 3.7 cents a kilowatt-hour. Still along way from 12+ cents a kilowatt-hour.

My real point is that I believe natural gas costs today are much higher than Boot Hill's calculations show.

[FreedomPoster]

I don't think they are much higher. Doing some back-of-the-envelope calculations, at $0.70/therm for natural gas and 80% conversion efficiency, I get $.03/kWh, so in the same ballpark.